Lettuce Praise The Fresh Market

With the specialty grocery retailer's quarterly results cheering investors, expect the company to keep rolling in the green.

Grocery stores can be many things—a source of temptation for those on diets, a chore for busy professionals, a treasure chest for chefs. Yet The Fresh Market also looks like an investment opportunity.

Before Wednesday's opening bell, Fresh Market (ticker: TFM) reported earnings of $22.1 million for the fiscal first quarter (ended April 28), or 46 cents a share, up from 40 cents a share in the year-earlier period. Revenue increased...